Third Avenue / Marty Whitman

Third Avenue Files 13D on Cash Rich Tellabs Inc.

(Market cap $1.1 bilion; Enterprise value $135 million) Third Avenue just filed a 13D on Tellabs disclosing a 9.63% position.  See earlier SSM alert on TLAB dated April 5, 2012. Item 4.                      Purpose of Transaction TAM previously acquired, on behalf of certain investment advisory clients of TAM, Common Shares of the Issuer for investment purposes. …

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